real estate investment trusts

Life After a Ponzi Scheme: Victim Turns Huge Loss into Literature

In 2008, R.P. McCabe saw a $1 million investment in real estate disappear, not due to the recession, but a Ponzi scheme that robbed around 700 investors of $100 million. First he got mad. Then he got depressed. Next, he got curious. And then he wrote a novel based on the experiences of his fellow victims: "Betrayed."

A Better Way To Make Money In Real Estate

It's easy to forget, given all the success stories of people who've gotten rich in real estate, but you have to remember: Your house is not an investment. Money can be made in real estate, but you're better off considering these investment vehicles than buying property directly.

11 Smart Places to Invest Your Money Now

As the economic recovery takes hold and the investing landscape shifts again, it's important to adjust your investment strategy to take advantage of the new opportunities. Here are 11 areas experts think you should consider putting your money into right now:

HCP to Buy $6.1 Billion of Real Estate from HCR ManorCare

Real estate investment trust HCP (HCP) agreed to buy $6.1 billion of real estate assets from HCR ManorCare Inc. HCP will acquire 338 post-acute skilled nursing and assisted living facilities in 30 states, with the highest concentrations in Ohio, Pennsylvania, Florida, Illinois and Michigan.

J.C. Penney Shares Surge on Ackman News

Shares of J.C. Penney have surged as much as 16.8% since activist investor Bill Ackman%u2019s Pershing Square Capital Management disclosed Thursday that it had purchased a 16.5% stake in the struggling retailer.